The Binance-connected BNB chain recovered after a time of stagnation in 2023, accelerating the belief of institutional and decentralized funds (decentralization).
Last yr, the BNB chain of multibillion dollar inflows in Defi, US stock exchange fund (ETFs) and an increasing trading volume with a connected central Exchange (CEX) benefited.
As a result, the native BNB token (BNB) of the blockchain network to essentially the most resilient cryptocurrencies available in the market and surpassed in the primary quarter of 2025, even drove down because the broader crypto market.
“This resilience just isn’t nearly price motion -strong basics back,” said Joao Wedson, CEO of the Investing Analytics platform Alphractal, in an X -Post in April. “Binance has built an enormous ecosystem wherein BNB is used extensively,” added Wedson.
Asset Manager Standard Chartered expects that the BNB token price will proceed to extend and reach $ 2,775 by the tip of 2028. From May seventh, BNB will act at around $ 600 per coin. According to CoinmarketCap, it has a market capitalization of virtually 85 billion US dollars.
In the meantime, Asset Manager Vaneck suggested the primary BNB ETF within the USA on May 5.
Defi activity on the BNB chain (formerly BSC). Source: Defillama
Defi inflows
Since the start of 2024, BNB Chain has increased from around 3.5 billion US dollars to greater than 6 billion US dollars, in line with Defillama. It still has not completely recovered to heights of greater than $ 20 billion in 2022.
From May 7, the BNB chain will take fourth place under the blockchain networks from Layer-1 to TVL, as the info show.
According to Standard Chartered, the use cases of the BNB chain remain almost exclusively on decentralized stock exchanges [DEXs]Lending protocols and liquid deposits. This makes it a way more concentrated and old-fashioned smart contract platform as competitors, ”says a May Research Note checked by CoinTelegraph.
“While this turns the potential the wrong way up, it also offers a certain level of stability,” says the asset manager.
According to Defillama, Pancakewap belongs to around 1.5 billion US dollars on TVL of the BNB chain.
Institutional adoption
The institutional introduction grows within the blockchain network, whereby the performance is partially driven by its connections to Binance, the connected CEX of the network.
In 2024, the stock exchange achieved an all-time high trade volume of around $ 76 trillion. According to Standard Chartered, it accounts for around 40% of the worldwide spot trade volume.
In addition, US President Donald Trump with StableCoin USD1 was mainly exhibited within the BNB chain. BSCSCAN data shows that greater than 2 billion US dollars price greater than 2 or 99% of its circulating offer were issued within the BNB chain.
